Novo Holdings and LanzaTech, a pioneer in the production of next generation fuels and chemicals through the recycling of carbon pollution, have formed a partnership to grow LanzaTech’s revolutionary sustainable fuels and chemicals platform. Novo Holdings is making a $72 million investment in the company in a Series E financing, and Senior Director Anders Bendsen Spohr will join LanzaTech’s Board of Directors.
All Nippon Airways (ANA), Japan’s largest and 5-Star airline for seven consecutive years, signed an offtake agreement with Illinois-based LanzaTech that will allow the company to purchase sustainable aviation fuel, a significant step in ANA’s efforts to minimize its environmental impact and meet Sustainable Development Goals (SDGs). This is not the first time that ANA has utilized sustainable aviation fuel, and the current agreement targets 2021 for the delivery of the sustainable aviation fuel making ANA a leader in putting its green principles into practice.
She fascinated everyone with her key note speech last Thursday in Turin (Italy) at the International Forum on Industrial Biotechnology and Bioeconomy (IFIB). Presenting the results achieved by her company, LanzaTech, she has clearly paved the way for a carbon smart future. Because climate change is happening right now and is producing very evident catastrophic effects on the whole planet. Jennifer Holmgren is the classic example of a leader driven by a gentle force able to realize the changes that the historians of the French Annales would have call structural.
LanzaTech, Virgin Atlantic and partners are one-step closer to building the world’s first large scale Alcohol to Jet (ATJ) facility producing commercial quantities of fuel in the UK. The commercial facility would convert low carbon ethanol produced from waste emissions, to jet fuel.
BASF Venture Capital is to invest in LanzaTech, a biotech company headquartered in Chicago (USA). Using special microbes, LanzaTech has developed a technology for gas fermentation that first enables ethanol to be produced from residual gases containing carbon monoxide and hydrogen. By re-using waste streams instead of incinerating them, industrial companies can reduce carbon dioxide emissions.
LanzaTech, and its joint venture partner, Shougang Group, a leading Chinese iron and steel producer, announced the successful start-up of the world’s first commercial facility converting industrial emissions to sustainable ethanol. The facility, located at the Jingtang Steel Mill in Caofeidian in Hebei Province, began operations on May 3.
“Our goal is to reduce carbon and to do this we must adopt new approaches by using alternative feedstocks, including existing wastes and residues instead of fossil. Today we have an abundance of carbon in all the wrong places. We can turn it from a liability to an opportunity by using it again and again”. Jennifer Holmgren, CEO of LanzaTech, on of the most dynamic and growing bioeconomy companies at world level, talks to Il Bioeconomista, in an interview released after the Bioeconomy Investment Summit, which was held on December 14 in Helsinki.
Interview by Mario Bonaccorso
“Imagine wearing yoga pants made from recycled carbon!” said LanzaTech Ceo, Jennifer Holmgren. “We want people to have a choice of where their carbon comes from. Fresh fossil or recycled, ‘carbon smart’, products. Much like the idea of buying organic, fair trade or recycled products, we see a future where you can walk into a store and make a conscious decision to buy everything from a chair to running shoes made from recycled carbon. This future is now possible through advancements in synthetic biology which enable the production of targeted molecules.”
There is a new partnership in the world bioeconomy. Indian Oil Corporation Limited, India’s flagship national oil company and, LanzaTech, carbon recycling company based in Illinois, signed a Statement of Intent to construct the world’s first refinery off gas-to-bioethanol production facility in India.
US carbon recycling company LanzaTech has been selected by the Department of Energy’s Bioenergy Technologies Office (BETO) to receive a $4 million award to design and plan a demonstration-scale facility using industrial off gases to produce 3 million gallons/year of low carbon jet and diesel fuels. The facility will recycle industrial waste gases from steel manufacturing to produce a low cost ethanol intermediate “Lanzanol”. Both Lanzanol and cellulosic ethanol will then be converted to jet fuel via the “Alcohol to Jet” (ATJ) process developed by LanzaTech and the Pacific Northwest National Laboratory (PNNL).